Concentration in the Banking Sector in Romania and Bulgaria
Claudia Dobre ()
Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 75-79
In this paper, we analyze the evolution of global mergers and acquisitions in the banking sector during 1985-2014, given that a large number of banks all over the world have engaged in concentration activities. We focused in this section on the characteristics of the banking sector in Bulgaria and Romania. In parallel, we explain the reasons underlying these concentrations. In the second part of the paper, we present the essential steps in the european merger control enforcement: defining the relevant market, analyzing the market structure and assessing any harm to competition. In the analysis of market structure, we compare the degree of concentration in the banking sector in Bulgaria and Romania. In conclusion, we emphasize the importance of concentrations control for financial sector stability.
Keywords: banking mergers and acquisitions; competition policy (search for similar items in EconPapers)
JEL-codes: G21 L11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:75-79
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